Options Review, Pair of Targets for Friday

Midweek Movers:

First thing’s first, we have to apologize yet again for our second unplanned absence of the week yesterday. We strive not to miss any newsletters, and it was simply a stroke of ill luck that led to a three-day week for us this week. We’ll recap the ideas from Wednesday’s premarket report. and lodge a couple of fresh ones for today’s session.

Our last targets on Wednesday were the SPY 06/10 $734-733 Puts, the CASY Weekly $770 Calls, and the CBRL Weekly $40 Calls. These were the best runs they recorded on that day:
:

SPY 06/10 $734-733 Puts
$734:
 1.08-9.77 (+805%)
$733: .86-8.68 (+909%)

CASY Weekly $770 Calls
$770: 50.13-144.70 (+189%)

CBRL Weekly $40 Calls
$40: 4.09-9.08 (+122%)



Fresh Options Ideas:
SPY 06/12 $740-742 Calls*
ADBE Weekly $205-202.50 Puts*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
BYAH, DFMS, UBXG, DSY, GMN, VSME, EDHL, ADTX, CIIT, RUBI, AZI

Friday’s Big Gainers, 3 Fresh Plays

Close, But No Cigar:

Well, we NEARLY did what we set out to do on Friday, which was to seal our fourth straight week of nothing but successful daily options picks. We offered up four possibilities, and three of them delivered. Unfortunately our targets in the INTU chain were simply too deep in the money to trade volume by the time the opening bell rang. However, 19 days without a bad idea is still an absolutely incredible feat, and we’re very proud of it.

Our premarket report winners for the session were the SPY 08/23 $557-559 Calls, the WDAY Weekly $260-265 Calls, and the CAVA Weekly $108-110 Calls. The gains they produced more than made up for missing on a single idea:

SPY 08/23 $557-559 Calls
$557:
 1.47-5.61 (+282%)
$557.50: 1.20-5.16 (+330%)
$558: .95-4.69 (+394%)
$559: .58-3.56 (+514%)
_____

WDAY Weekly $260-265 Calls
$260: .20-1.16 (+480%)
$265: .20-.45 (+125%)
_____

CAVA Weekly $108-110 Calls
$108:
 3.73-17.43 (+367%)
$109: 4.02-15.57 (+287%)
$110: 2.33-15.87(+581%)


Fresh Options Ideas:
SPY 08/26 $562-563 Calls
PDD Weekly $117-115 Puts
BHP 09/20 $55-57.50 Calls

*Only experienced traders should attempt to trade contracts on their day of expiration


Extended Watchlist: 
ELAB, TNXP, PWM, TCJH, NDRA, UBXG, MRM, MIRA, RR, ASST, LTNC, ASII

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